Arab Today, arab today kookmin bank secures us100 mln fx credit line
Last Updated : GMT 18:22:15
Arab Today, arab today
Arab Today, arab today

Kookmin Bank secures US$100 mln FX credit line

Arab Today, arab today

Arab Today, arab today Kookmin Bank secures US$100 mln FX credit line

Seoul - Yonhap

South Korea\'s top lender Kookmin Bank has recently inked a US$100 million foreign currency committed line with an overseas financial firm, sources said Tuesday, joining other banks seeking to diversify their foreign funding. Kookmin is also in talks with other foreign financial companies to expand its committed lines and is pushing to sell long-term debts later this year in a bid to diversify its foreign exchange maturities, they said.

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